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CA Participant

SmartVet Pty Ltd (formerly Veterinary Encapsulation Biosciences Pty Ltd) 

Industry

Biotechnology

State/Territory

QLD

Location

Fig Tree Pocket 

Grant Type

Early Stage Commercialisation

Grant Amount

$695,250 

Status

Current
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SmartVet Pty Ltd (formerly Veterinary Encapsulation Biosciences Pty Ltd) 
Last Reviewed: 17/05/2011

Commercialisation of VetCap® a novel parasite control system

Smartvet Pty Ltd has developed the VetCap® cattle pest control system. VetCap® combines the latest pour on treatment, paintball and soft capsule technologies to enable farmers to treat cattle for flies, lice and worms out in the field. VetCap® propels a large 10ml paintball capsule accurately up to 60m breaking open on contact and simultaneously releasing a measured dose of medication. The capsule does not rupture the skin and the medication is systemically absorbed into the animal and distributed without injury or undue stress. The estimated market opportunity for the technology is 80,000,000 doses per annum.

By the end of the project, SmartVet expect to have complete product EPA registration with intent to formalise agreements to supply, manufacture, and market and distribute the VetCap® fly control product enabling early commercialisation of the delivery system.